4007 State St Bismarck, ND 58503-0648
- Office Properties & Spaces
- 13,653 SF
- 2.14 lot acres
Current Use by Public Records
- Trane Commercial Sales Office / Hvac Contractor / Air Conditioning System Supplier
- Thrivent - Infinity Financial Advisors / Financial Planner / Financial Advisor
- Missouri River Pages / Marketing Agency / Publisher
- Legal Services of North Dakota / Legal Aid Office
- Western Eco Systems Technology / Environmental Program
Property Details for 4007 State St
- Year built
- 1975
- Lot size
- 2.14 lot acres
- Property size
- 13,653 SF
- Zone code
- RT
- Property type
- Office Properties & Spaces
- APN
- 0160-022-130
- APU
- 160022130
Description
This exceptional 2,360-square-foot traditional office suite is ideally located at 4007 State Street, Suite 20, in Bismarck, North Dakota. The property offers a single-tenant occupancy arrangement, perfect for a business seeking a dedicated and private workspace. Situated in Burleigh County, this location provides convenient access to local amenities and boasts plentiful parking spaces in a private lot, eliminating parking hassles for employees and clients. The suite is available for lease at a competitive rate of $17 per square foot, translating to a monthly rental cost of $3,343.33. This translates to a highly attractive cost per square foot for a space of this size and quality in Bismarck. The property is classified as a traditional office space, suitable for a variety of professional uses. The zip code for this prime location is 58503. This is a fantastic opportunity for a business seeking a well-located, spacious, and easily accessible office space in a thriving North Dakota community. The property's single-tenant occupancy ensures privacy and control over the workspace. The ample parking further enhances the convenience and appeal of this exceptional office suite. Interested parties are encouraged to inquire further to secure this desirable property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $675,000
- 6.5%
- $815,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $780,000
- Geo Method
- $820,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $785,000
- Retail
- $790,000
- Mixed-Use
- $680,000
- Hospitality
- $645,000
- Educational
- $725,000
- Residential Income
- $800,000
- Energy
- $745,000
- Income-Based Land
- $775,000
- Food Service
- $680,000
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.771
- Latitude
- 46.8495
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA